Forex Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
Guatemalan Quetzal/US Dollar (FOREX:GTQUSD)
Crossroads (-60) - GTQUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GTQUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GTQUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GTQUSD
The long-term trend has been DOWN since Aug 19th, 2020 at 0.12934367
The intermediate-term trend has been UP since Jan 18th, 2021 at 0.12836937
The short-term trend has been UP since Jan 18th, 2021 at 0.12835325
Smart Scan Analysis for GTQUSD
Based on our trend formula, GTQUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).